Thyssenkrupp pauses steel production at two sites citing Asian pressure [Yahoo! Finance]
THYSSENKRUPP AG S/ADR (TKAMY)
NASDAQ:AMEX Investor Relations:
thyssenkrupp.com/en/investors
Company Research
Source: Yahoo! Finance
Specialist sites in Gelsenkirchen in western Germany and Isbergues in northern France that make high-end steel would close from mid-December to the end of the year, Thyssenkrupp's steel subsidiary said. The French site would further run only at half-capacity for at least four months from January, it added. The measures were in response "to a massive increase in low-priced imports, particularly from Asia," Thyssenkrupp Steel Europe said. "These developments have led to a dramatic change in order volumes and thus to a significant underutilisation of capacity at European production facilities." Hammered by exorbitant energy costs and cheaper Asian competition, Germany's steel industry has been mired in deep crisis for several years. Thyssenkrupp Steel Europe said in November last year it would seek to cut or outsource 11,000 jobs by 2030 -- about 40 percent of its workforce –- and cut production capacity to around nine million tons a year, down from 11.5 million. Taking a le
Show less
Read more
Impact Snapshot
Event Time:
TKAMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TKAMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TKAMY alerts
High impacting THYSSENKRUPP AG S/ADR news events
Weekly update
A roundup of the hottest topics
TKAMY
News
- thyssenkrupp AG (TKAMY) Q4 2025 Press Conference Call Prepared Remarks Transcript [Seeking Alpha]Seeking Alpha
- Thyssenkrupp halts electrical steel production amid market pressure [Yahoo! Finance]Yahoo! Finance
- Thyssenkrupp Shutters Electrical Steel Plants, Warns of Potential Job Losses [Yahoo! Finance]Yahoo! Finance
- ThyssenKrupp (OTCMKTS:TKAMY) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Germany's Thyssenkrupp steel finalizes tough restructuring plan [Yahoo! Finance]Yahoo! Finance